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India, U.S. trade talks extended as deadline looms for interim deal, say sources
India-U.S. trade talks extended into next week, say sourcesIndia resisting U.S. push to open farm and dairy marketsNegotiators aiming to thrash out differences for an interim deal Many Indian exporters delay U.S.-bound shipments over tariffs By Manoj Kumar NEW DELHI, June 6 (Reuters) - Trade talk...
Reuters
Fri, Jun 6
China's Sinomine halts Namibia copper smelter, citing concentrate shortage due to global 'overcapacity'
WINDHOEK, June 6 (Reuters) - China's Sinomine Resource Group 002738.SZ said on Friday it has temporarily paused copper smelting operations at its Tsumeb plant in Namibia, citing a shortage of concentrate following a rapid expansion in smelter capacity worldwide.Sinomine acquired the Tsumeb smelt...
Reuters
Fri, Jun 6
CBOT Trends-Wheat flat-to-up 2 cents, corn down 1-3 cents, soy down 2-4 cents
CHICAGO, June 6 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Friday: WHEAT - Flat to up 2 cents per bushelCBOT wheat was nearly unchanged as the market consolidated ahead of the we...
Reuters
Fri, Jun 6
Russia asks UN agency to help solve question of US fuel at Ukraine nuclear plant
MOSCOW, June 6 (Reuters) - Russia asked the U.N. nuclear watchdog on Friday to mediate between Moscow and Washington to resolve the question of what to do with U.S. nuclear fuel stored at a Ukrainian power plant controlled by Russian forces.Russia wants to restart the idled Zaporizhzhia nuclear plan...
Reuters
Fri, Jun 6
China’s rare earth weapon changes contours of trade war battlefield
China's expanding sanctions regime modelled on the U.S.Export licence system key for global supply chain surveillanceImpossible to know what share of requests get approvedBy Laurie Chen BEIJING, June 6 (Reuters) - China has signalled for more than 15 years that it was looking to weaponise are...
Reuters
Fri, Jun 6
United States Steel Corp - DOJ Files Motion To Extend CFIUS Litigation Abeyance Until June 13, 2025 - SEC Filing
June 6 (Reuters) - United States Steel Corp X.N:UNITED STATES STEEL CORP - DOJ FILES MOTION TO EXTEND CFIUS LITIGATION ABEYANCE UNTIL JUNE 13, 2025 - SEC FILINGSource text: [ID:n0001104659-25-057073]
Reuters
Fri, Jun 6
Gold treads water with US NFP and US-China trade talks in focus
Gold (XAU/USD) has fallen back into a narrow range of consolidation on Friday, trading around $3,363 at the time of writing and with Investors remaining on high alert ahead of the Nonfarm Payrolls (NFP) report release.
Gold
Fxstreet
Fri, Jun 6
US declares Biden fuel economy rules exceeded legal authority
June 6 (Reuters) - The U.S. Transportation Department on Friday declared that fuel economy rules issued under then President Joe Biden exceeded the government's legal authority by including electric vehicles in setting the rules, automaker officials said Monday.The department made the declaratio...
Reuters
Fri, Jun 6
IEA expects rising investments in low-emission energies, decline in Oil investments – Commerzbank
The International Energy Agency published a report on investments in the energy sector yesterday, Commerzbank's commodity analyst Carsten Fritsch notes.
WTI
Fxstreet
Fri, Jun 6
Foot-and-mouth disease contained in Hungary, farm minister says
BUDAPEST, June 6 (Reuters) - Hungary has successfully contained an outbreak of foot-and-mouth disease, leading to the lifting of European Union restrictions, the country's farm minister told local new site Index.hu on Friday.Hungary reported its first case of foot-and-mouth disease for over 50 y...
Reuters
Fri, Jun 6
OPEC Oil production rose less than agreed in May – Commerzbank
According to a Bloomberg survey, the nine OPEC countries bound by production targets increased Oil production by nearly 200 thousand barrels per day in May, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Jun 6
Russia says it's ready to return or use US nuclear fuel at Zaporizhzhia plant in Ukraine
MOSCOW, June 6 (Reuters) - Russia is ready to use U.S.-supplied nuclear fuel currently stored at the Zaporizhzhia nuclear power plant in Ukraine, or to fully remove it and return it to the U.S., a Russian nuclear official said on Friday.Alexei Likhachev, the head of Russia's state nuclear corpor...
Reuters
Fri, Jun 6
Gold nears $3,400 as geopolitical risk and tariff tensions fuel flight to safety – Commerzbank
Gold has been showing strength for some time now: it is currently scratching at the $3,400 per troy ounce mark again, Commerzbank's commodity analyst Barbara Lambrecht notes.
Gold
Fxstreet
Fri, Jun 6
GLOBAL LNG-Asian spot prices slip on tepid demand, strong stocks
By Emily Chow SINGAPORE, June 6 (Reuters) - Asian spot liquefied natural gas (LNG) eased slightly this week, slipping for the first time in five weeks, as weak demand in the region weighed on prices.The average LNG price for July delivery into north-east Asia LNG-AS was at $12.30 per million Brit...
Reuters
Fri, Jun 6
RPT-COLUMN-Bumper Brazilian corn crop could spoil US exporters’ fun: Braun
By Karen BraunNAPERVILLE, Illinois, June 5 (Reuters) - If anything can wreck the party for U.S. corn exporters, it’s Brazil.The U.S. Department of Agriculture has sky-high goals for U.S. corn exports in both the current and upcoming marketing years, but the overall potential may be confined by Brazi...
Reuters
Fri, Jun 6
Saudi Arabia lowers selling prices for Asia only slightly – Commerzbank
Saudi Arabia lowered the official selling prices (OSPs) for Oil deliveries to Asia in July only slightly, Commerzbank's commodity analyst Carsten Fritsch notes.
WTI
Fxstreet
Fri, Jun 6
Gold Price Forecast: XAU/USD rally loses steam and approaches $3,340 support area
Gold (XAU/USD) is practically flat on Friday, trapped within the last few days' trading range. The broader trend remains positive, but the failure to breach resistance at the $3.400 area this week has shifted the focus towards the $3,440 support area.
Gold
Fxstreet
Fri, Jun 6
Mosaic Co Outlook FY Phosphate Production Volume 7.0-7.3 Mln Tonnes
June 6 (Reuters) - Mosaic Co MOS.N:MOSAIC CO - 2025 FULL YEAR PHOSPHATE PRODUCTION VOLUME IS NOW EXPECTED TO BE 7.0-7.3 MILLION TONNES MOSAIC CO: OUTLOOK Q2 PHOSPHATE SALES VOLUMES 1.5-1.6 MILLION TONNES
Reuters
Fri, Jun 6
Aon: Recent North American SCS and flooding losses to total hundreds of millions of dollars
By Rebecca DelaneyJune 6 - (The Insurer) - Continued activity during the severe convective storm (SCS) season across the U.S. has seen another week of severe weather and heavy rainfall, with Aon pegging total insured losses over the past seven days in the hundreds of millions of U.S. dollars.Scatter...
Reuters
Fri, Jun 6
EU open to lowering tariffs on US fertilisers in trade talks
By Kate Abnett BRUSSELS, June 6 (Reuters) - The European Union is open to lowering tariffs on U.S. fertiliser imports as an offer in trade talks with the Trump administration, but will not weaken its food safety standards in pursuit of a deal, EU agriculture commissioner Christophe Hansen told Re...
Reuters
Fri, Jun 6
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